March 27, 2025
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5min17
Sri Lanka’s apparel industry has long been held up as a leader in ethical manufacturing, and that reputation has been further validated by a strong endorsement from Avedis Seferian, President and CEO of Worldwide Responsible Accredited Production (WRAP). In a recent discussion with the Joint Apparel Association Forum (JAAF), Seferian emphasized how independent certification has […]

March 12, 2025
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3min37
Acentura Inc., in collaboration with RELEX Solutions, hosted “Smart Threads: Transforming Production Planning, Operational Efficiency, Sustainability, and Supply Chain Excellence” on 27 February, 2025, at Amari Colombo. The event brought together industry leaders, apparel manufacturers, and technology experts to explore how AI-driven solutions can revolutionize the apparel industry.  The event opened with remarks from Ashi […]

March 6, 2025
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4min22
MAS Holdings to gain greater access to growing Indian market with expansions in Odisha, India MAS Holdings, South Asia’s largest apparel manufacturer, marked a significant milestone in its global expansion by breaking ground for its first facility in the state of Odisha, India. This strategic initiative builds on MAS’ long-standing presence in India while strengthening […]

February 17, 2025
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4min59
Star Garments Group (“Star”), a powerhouse in Sri Lanka’s apparel industry and the only group of apparel companies to be certified as carbon neutral across all its processes, was honored with the prestigious Best Exporter – Apparel Medium award at the 26th Presidential Export Awards 2023/24. The annual awards, widely regarded as the country’s highest national […]

February 11, 2025
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3min40
Total of 7 awards including Exporter of the Year, Net Foreign Exchange Earner of the Year Recognised for contributions to sustainable exports, product and market diversification Global apparel-tech conglomerate MAS Holdings has once again secured multiple top awards including the coveted Exporter of the Year, at the 26th Presidential Export Awards for 2023/24. The prestigious […]

February 2, 2025
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4min29
Takes steps towards Wetland Conservation & Biodiversity Enrichment  28th January 2025, Colombo, Sri Lanka – Hirdaramani Apparel recently unveiled ‘Diya Arana’, a proposed wetland located at the Hirdaramani Ja-Ela (Washing) facility’s premises. A key initiative supporting Hirdaramani’s journey towards wetland conservation and biodiversity enrichment, ‘Diya Arana’ is planned for completion in February 2026, coinciding with […]

January 24, 2025
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6min40
Sri Lanka’s export earnings from apparel in 2024 reached USD 4.7 billion, recording a year-on-year growth of nearly 5%, according to the Joint Apparel Association Forum (JAAF). Adding the country’s direct exports of textiles takes the overall export value to just over USD 5 billion. This underscores the resilience of the country’s textile and apparel […]

December 9, 2024
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3min13
The Joint Apparel Association Forum (JAAF) and Solidaridad, a civil society organization, recently co-hosted a one-day workshop in Colombo to address the European Union’s Corporate Sustainability Due Diligence Directive (CSDDD). Introduced in 2023, the CSDDD requires companies in EU-bound supply chains to meet stringent environmental and human rights standards. While Sri Lankan suppliers are not […]

November 21, 2024
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6min7
The Fabric and Apparel Accessory Manufacturer’s Association (FAAMA), a subsidiary association of the Joint Apparel Association Forum of Sri Lanka (JAAF), hosted its 17th Annual General Meeting (AGM) 2024, at Jetwing Colombo Seven on the 29th of the October 2024. The event was attended by Chief Guest, Mr. Doug Sonnek, the Deputy Chief of Mission, […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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